Expedia has become the modern way to travel but there are some terrible internet losers. Yahoo is hideous even though it owns a stake in ali baba. Twitter is off 38 for the year. It seems whatever the company tries they just cant grow the darn thing. Its a good core business but maybe for someone else. The individual slices and dices of the web were downright awful in 2015. Yelp is down, it seems like its lost to competitors. Groupon is down 63 , still too early to buy that total dog. Sinking like a stone from 33 down to 24 in only two months. I felt it was mystifying. We see the same remarkable haves and havenotes situation in the industrials. Two years ago i dont know if you would have condered ge an industrial. You might have said it was a manufacturing company. Now that ge is the entire financial business with the remainder being sold off in january of nfxt year, its stock rallied 20 ,he best organic growth in the sector, a remarkable transformation. The other side, eton is off 25
The gulf between the winners and losers. These examples will rip your eyes right open. First we had three winners on the web, alphabet, expedia, and facebook. Alphabet, formerly known as google, rejuvenated itself after amazing cfo work at morgan stanley. 2016 will be the year when they really monetize youtube which is worth a heck of a lot more money than it seems. Facebook remains a money machine. Theyre a virtual monopolist on yourself. Only instagram can stop them now, and facebook owns that too. Expedia has become the modern way to travel but there are some terrible internet losers. Owns a stake in ali baba. Twitter is off 38 for the year. It seems whatever the company tries they just cant grow the darn thing. Its a good core business but maybe for someone else. The individual slices and dices of the web were downright awful in 2015. Yelp is down, it seems like its lost to competitors. Groupon is down 63 , still too early to buy that total dog. Truecar has fallen. Zillows shares h
Foundation . We about two years ago ironically we were doing a show for nbc, and it was around vegas about taking Women Business owners and how we collaborate for all of us to succeed. Thats how ba shero was founded. We realized if you take existing collaboration, things already out there, put them together, and have everybody do what they do great, education sector, transportation sector, Health Sector because this is really behavioral issues, so we were able to attract a doctor, head of psychiatry for the state, healthy minds, who has been helping. We have been able to attract therapies, over 13 organizations that have partnered with be a shero to do what they do great. Organizations who focus on young women 25 years and younger that have been abused, abandoned or exploited so its more than what you think with human trafficking, which is actually sex slavery. And youre seeing the spotlight being shined on it more and more in the most recent years, part of that due to you to be a sher
Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor Heather Hughes with us. Hi there. Jim lowell from adviser investment. Joe hider from cirrus wealth manmanment with us m
We didnt see many of them at all today. Dow gaining 27 points, nasdaq climbing. 36 . You need to understand how extraordinary this whole rally is. Were seeing wholesale reevaluations of what the market will pay for Companies Future earnings. Its remarkable because typically you need something to happen to trigger this kind of euphoric buying behavior. But nothings happened to justify paying higher prices for the same earnings estimate. This is all about an animal spirited bull market that i have to admit seems to know no bounds. Think about it. Think about the absence of catalysts. Start with the Federal Reserve. What did the Federal Reserve do to inspire this market . Actually, nothing. Federal reserve did nothing at all. It merely stayed the course. It said it would be patient. Yet everyone told me wow, thats it. All it did was do what it always does. How about oil . All it did this week was nothing, meandering around the 50s. Earnings have been done. Some good ones, red hat, the ope